Global Malted Barley Flour Market is expected to grow at a compound annual growth rate of 8.70% in the forecast period of 2021 to 2028 and is expected to reach USD 8.58 billion by 2028. The high adoption of non-diastatic flour as sugar replacement is a significant factor driving the market growth rate.
Likewise, the increase in innovations, high adoption of organic food products, new product launch and emergence of regional market will produce lucrative opportunities for the growth of the malted barley flour market.
According to Data Bridge Market Research the market for malted barley flour is expected to gain growth because of the high growth in health consciousness of consumers preferring sugar-free and less sugary products. Also high demand for malted barley flour from the food processing sectors and the rise in demand for traditional bakery products are also expected to fuel the demand of the malted barley flour market over the forecast period of 2021 to 2028. Whereas, the high risk of allergic reactions and low blood sugar level issues amongst some consumers expected to hinder the growth of the malted barley flour market in the aforementioned forecast period.
Now the question is which are the other regions that malted barley flour market is targeting? Data Bridge Market Research has estimated North America to dominate the market due to the rise in the consumption and production of malted barley flour and high consumption in alcohol production.
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Malted barley flour market is segmented on the basis of countries into the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
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Key Market Competitors Covered in the Report
Above are the key players covered in the report, to know about more and exhaustive list of malted barley flour companies’ contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-malted-barley-flour-market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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Global Malted Barley Flour Market – Industry Trends and Forecast to 2028